VRX Trade on Oct 19, 2015 09:56 from rsteckly: Tradervue User Stock Trades.

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rsteckly

 

Macro situation: neutral.

I could see VRX bouncing off its VWAP. The problem was that I was unsure of my sell the news thesis; more careful research and preparation would have helped.

So I went long but wasn't fully committed to this being a countertrend trade. Had I been committed to my thesis, I would have taken profits at the 2:1 risk point and been out.

I also think this trade was just too hard to execute anyway. Why trade countertrend when you take easy setups that follow the trend? It's too hard to do.


Execution detail:

Date/time Symbol Side Price Position
2015-10-19 09:56:18 VRX buy $168.736 long
2015-10-19 10:10:31 VRX sell $167.423 long
2015-10-19 10:10:31 VRX sell $167.423 long
2015-10-19 10:10:31 VRX sell $167.531 0


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